EXECUTIVE SUMMARY
King Farms is 5,814 acres of highly productive irrigated farmland and native pasture with 720 acres of state lease land, located in Santa Fe County, New Mexico. The farm consists of 2,039 acres of irrigated farmland serviced by 21 wells and 20 center pivots which have historically produced quality alfalfa and other crops, with an additional 3,055 acres of native pasture. Located just a short drive from Albuquerque and Santa Fe, this property is ripe for residential or commercial development. With highly valuable water rights, this property is an excellent investment opportunity!
Auction Date and Location:
- Thursday, August 29th at 10:00 AM MT
- Held at Moriarty Civic Center
202 Broadway, Moriarty, NM 87035
Information Days:
- Thursday, August 1st from 10:00 AM to 12:00 PM MT
- Thursday, August 15th from 10:00 AM to 12:00 PM MT
Meet at the Moriarty Civic Center to le...
Meet at the Moriarty Civic Center to learn more about the property and the auction process. Contact Hall and Hall to schedule additional showings.
JUST THE FACTS
Substantial, valuable water rights
Several tracts with residential or commercial development potential
2,039 acres of highly productive pivot irrigated farmland
3,055 acres of native pasture
720 of state lease land
Ample irrigation water from the Estancia Groundwater Basin
21 irrigation wells with 20 center pivots
30 miles east of Albuquerque
45 miles south of Santa Fe
Several tracts with paved road frontage
Click here to see additional, tract drone footage.
GENERAL DESCRIPTION
Tract 1 and Tract 2
Tract 1 is 318 acres of native pasture
Tract 2 is 802 acres of native pasture
Highway 344 frontage
San Pedro Mountain views
Excellent development potential
Tract 3
148 acres of pivot irrigated farmland
The northwest and southwest corners are flood irrigated
Currently planted to alfalfa
Quonset building Included
Tract 4
320 acres of pivot irrigated farmland
The northwest and southwest corners of both pivots are flood irrigated
King Road and Dinkle Road frontage
North portion planted to alfalfa/south portion planted to corn
Tract 5
80 acres of pivot irrigated farmland
The northwest and southwest corners are flood irrigated
Martin Lane frontage
Currently planted to corn with corners planted to alfalfa
Dedicated irrigation well
Tract 6
160 acres of pivot irrigated farmland
Currently planted to corn
Dedicated irrigation well
Includes gravel pit
Tract 7
241 deeded acres of pivot irrigated farmland (one-and-a-half circles)
79 acres of state lease land
Two dedicated irrigation wells (one for each circle)
Currently planted to corn
Tract 8
80 acres of pivot irrigated farmland (half circle)
The northwest and southwest corners are flood irrigated
Currently planted to corn with corners planted to alfalfa
Dedicated irrigation well
Tract 9
479 acres of pivot irrigated farmland and native pasture
Currently one-and-a-half circles are planted to alfalfa with the balance of the farmland planted to corn
Tract 10
905 acres of pivot irrigated farmland and native pasture
The northwest and southwest corners of the northern, middle pivot are flood irrigated
Includes two full and two half-pivot irrigated circles
Currently planted to alfalfa/corn/sorghum
Tract 11
644 state lease acres
The southeast quarter is pivot irrigated with the balance in native pasture
Includes pivot, corrals, and stock tank well
King Road and Highway 472 paved road frontage
Tract 12
160 acres of pivot irrigated farmland and native pasture
Currently planted to oats
Tract 13
319 acres of pivot irrigated farmland and native pasture
Includes two irrigated circles currently planted to rye grass and sorghum
Tract 14
160 acres of pivot irrigated farmland
Currently planted to sorghum
Dedicated irrigation well
Tracts 15 20
Tract 15 is 40 acres of native pasture
Tract 16 is 400 acres of native pasture
Tract 17 is 20 acres of native pasture
Tract 18 is 20 acres of native pasture
Tract 19 is 280 acres of native pasture
Tract 20 is 160 acres of native pasture
Excellent development potential
Incredible mountain views
Electric service available to all tracts
Currently used for cattle grazing